German Media Predicts ‘Unexpected Maneuver’ of Russia’s Currency in 2016

German Media Predicts ‘Unexpected Maneuver’ of Russia’s Currency in 2016

In an interview with newspaper Die Welt, a German economist argues that the ruble has the potential to become a currency of global significance and strengthen by about 20% by the end of 2016.

Experts making forecasts for 2016 should take into account such currencies as the Russian ruble because the currency markets may soon face surprising developments, the newspaper wrote.